Is Mchenry, IL 60050 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Mchenry is a seller’s market. With about 2.3 months of supply and 40% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply2.3Under 4 months = seller’s market

Sold above original list40.1%Share of sales, last 3 months

Median sale-to-list100.3%Sold price ÷ list price

Median days on market48Listing to accepted offer

Median price per sq ft$196▲ +4.4% vs. last year

Run the numbers for 60050

Prefilled for 60050Can I win this house?Multiple-offer likelihood for a listing Prefilled for 60050Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Algonquin 60102Seller’s market $206 /sq ft Cary 60013Seller’s market $190 /sq ft Crystal Lake 60012Seller’s market $198 /sq ft Crystal Lake 60014Seller’s market $193 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology